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Monday, 27 July 15
CFR SOUTH CHINA COAL SWAP WEAK M/M; FIRM W/W
coal dozerCOALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.92 (1.77%) per MT month over month.

A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a certain period of time.

According to DSP of SGX AsiaClear thermal coal derivatives, as reported on Friday 24 July 2015, performance of CFR South China Coal swap Q4 2015 and Q1 2016 deliveries were also declined month over month.

CFR South China Coal swap
CFR South China Coal swap average for Q4' 15 delivery declined US$ 1.61 per Mt month over month on 24 July 2015 and closed at US$ 50.67 a ton an increase of US$ 0.17 week on week. The swap average for Q1’ 2016 delivery also fell month over month but gain week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 24 July 2015.

Q1’ 2016 delivery swap closed at US$ 50.80 a ton on 24 July 2015. This past week’s Q1’ 16 delivery swaps lost US$ 1.80 per MT compared to the closing price of $ 52.60 per MT for the same period last month.

Q3, Q4’ 2015 and Q1’2016 coal swaps increased week over week but lost month on month.

Q3' 2015 vs Q1’ 2016
API 8 CFR South China coal swap average for Q3’15 delivery closed at US$ 51.03 pmt on 24 July 2015 a $ 0.23 higher than Q1 2016 closing price of US$ 50.80 per mt.

Q4' 2015 vs Q1’ 2016
API 8 CFR South China Coal swap average for Q4’ 2015 delivery closed US$ 0.13 (0.26%) per MT lower compared to average Q1’ 2016 delivery price of US$ 50.80 per MT on 24 July 2015.

According to this past week's swaps trend, average for deliveries Q3,Q4 & Q1 2016 were increased month over month and lost week over week. Q4 2015 as well as Q1 2016 coal swaps closed slightly lower than Q3 2015 closing price of US$ 51.03 per MT.
Data Source: SGX

The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Readers are advised to refer to the official DSP available through the clearing members.


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Recent News

Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week. The 4Q swap was decli ...


Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...


Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...


Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...


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